Change - Announcement of Cessation::Retirement of Lead Independent Non-Executive Director at Annual General Meeting
Issuer & Securities
QIAN HU CORPORATION LIMITED
QIAN HU CORPORATION LIMITED - SG1BE8000008 - BCV
Change - Announcement of Cessation
Date &Time of Broadcast
Announcement Sub Title
Retirement of Lead Independent Non-Executive Director at Annual General Meeting
Submitted By (Co./ Ind. Name)
Kenny Yap Kim Lee
Description (Please provide a detailed description of the event in the box below)
Retirement of Mr Tan Tow Ee as the Lead Independent Non-Executive Director at Annual General Meeting
Name Of Person
Tan Tow Ee
Is effective date of cessation known?
If yes, please provide the date
Detailed Reason (s) for cessation
Mr Tan Tow Ee is subjected to retirement by rotation pursuant to Regulation 91 of the Company's Constitution at the Company's Annual General Meeting ("AGM") held on 29 March 2021 and did not seek for re-election as part of the Board renewal process. Accordingly, he retired as the Lead Independent Non-Executive Director, Chairman of the Audit Committee, member of the Nominating Committee and Risk Management Committee at the conclusion of the AGM.
Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting?
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
Any other relevant information to be provided to shareholders of the listed issuer?
Date of Appointment to current position
Does the AC have a minimum of 3 members (taking into account this cessation)?
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Lead Independent Non-Executive Director
Chairman of Audit Committee
Member of Nominating Committee
Member of Risk Management Committee
Role and responsibilities
Duties as Chairman or member of the Board Committees on which he served
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Shareholding interest in the listed issuer and its subsidiaries?
Past (for the last 5 years)